Is that a realistic expectation on future rents? 

And I'd expect my credit score to reflect that in a year or so and move back into purchasing a home rather than rent.The firm I work for requires credit/criminal/security clearances.

The new generation of investors, exposed only to crowdfunded deals as they are, have been conditioned to expecting immediate passive income gratification i.e. current pay on preferred returns. 

All of them here have just set up MLS alerts and expect me to look for properties on my own.

The total cost of rehab for this project was just under $16,000. major rehab break down:-unfinished attic was broken into 2 large bedrooms - new attic window to meet egress-upgrade electrical -carpet second and third floor-laminate flooring kitchen/bathrooms-created a new bathroom on first floor.

I don't like to be a Debbie downer, but I don't want to see you guys devastated and let down from unmet expectations.

They let off cash like crazy, tenants have low expectations and you can develop multiple income streams from both lot rent, and seller financing the trailers on your pads.

Finding a deal is hard as we all know, but you can't just turn it over to a property management team and expect great results in the MHP world. 

When you submit your offer, make sure you have a due diligence period that gives you enough time to do these inspections.Once you get the property under contract, have the septic company do their inspection, have an engineer visit if necessary and get your property inspector out to do a full property inspection -- if he is concerned about a major plumbing issue or mold issue, you can get those specialty trades out to take a look and give you an estimate.If it turns out there is a bunch of extra work in these areas (or ANY areas) that you didn't expect, you go back to the seller and basically say, "Hey, there were hidden defects that I needed to bring in specialty contractors to evaluate, and here are the reports they provided. 

The outside a/c unit has been cut off and stolen, so new a/c install and external paint and windows to replace the broken ones that have plywood over.